Pre Close Period Statement

RNS Number:1926T
Senior PLC
15 December 2003


SENIOR PLC

Pre Close Period Statement

15 December 2003

Trading during the second half of 2003 has remained broadly in line with that
anticipated at the time of the interim statement on 7 August 2003.

2003 Group profit before tax for the full year is expected to be in line with
the board's expectations despite the adverse impact the weakening US dollar has
had on the Group's sterling results.

With the majority of the Group's borrowings being denominated in US dollars and
a tight control being maintained on capital expenditure, the year end net debt
level is likely to be better than anticipated.

In the Aerospace Division demand remains at a low ebb, but a greater degree of
stability has become evident. We expect the level of demand to continue at
similar levels throughout 2004. Additional business, providing valuable future
growth, continues to be won on a number of new programmes, notably Airbus A380
and the Joint Strike Fighter.

During the second half of the year, demand for our automotive products in both
the USA and Europe has been close to anticipated levels. Product development
activities, primarily in applications for diesel engines, which are increasing
market share, are being maintained at a high level. Operationally, the
enlargement of the Cape Town facility is nearing completion, albeit at a time
when the strengthening Rand is currently making exporting from South Africa
financially less advantageous. Our plant in the Czech Republic is now benefiting
from increased volumes and is starting to contribute to profits.

In our Industrial Division, demand has recently shown modest signs of
improvement both in Europe and in the USA. Negotiations continue with interested
parties in respect of the potential disposal of five out of the eight remaining
profit centres within this division.

Enquiries:

Senior plc    Graham Menzies    Group Chief Executive    01923 714702
              Mark Rollins      Group Finance Director   01923 714738

Finsbury      Charlotte Hepburne-Scott / Gordon Simpson  020 7251 3801

This announcement, together with other information about Senior plc, can be
found at: www.seniorplc.com

Note to Editors:

Senior is an international manufacturing group with operations in 12 countries.
Senior designs, manufactures and markets high technology components and systems
for the principal original equipment producers in the worldwide aerospace,
automotive and specialised industrial markets.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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